Renewable Energy Tariffs Drop 50% Since FY 2013-14: Govt Updated On Thu, Feb 6th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) said that renewable energy tariffs in the country have gone down up to 50% since 2013-14. The information was furnished by the ministry before the Parliament in a written reply. Mentioning the range of tariff rates, the MNRE Minister Pralhad Joshi said, “The range of tariffs discovered […] Read more
H.G. Infra Sets Up Subsidiary To Expand Into BESS Sector Updated On Thu, Feb 6th, 2025 by Saurenergy Gujarat-based H.G. Infra has expanded into the Battery Energy Storage System (BESS) segment with the incorporation of its new subsidiary, ‘H.G. Gujarat BESS Private Limited’. The H.G. Infra announced the incorporation of the subsidiary in a regulatory filing. It said, “This Special Purpose Vehicle (SPV), H.G. Gujarat BESS Private Limited, has been incorporated as a […] Read more
India’s Solar Energy Generation Increased 18% In CY24 Updated On Wed, Feb 5th, 2025 by Saurenergy India’s renewable energy sector witnessed a strong year-on-year growth in calendar year 2024 (CY24), with total renewable energy generation (including large hydro) reaching 3,87,553.52 million units (MU)—a 14.8% increase compared to 3,37,745.63 MU in CY23, as per the latest data from the Central Electricity Authority (CEA). Solar Energy Sees Impressive Growth A major contributor to […] Read more
News In Brief Feb 5: BrightNight Gets PPA, Amazon Solar Deal, Eco Wave’s Pilot Project In India Updated On Wed, Feb 5th, 2025 by Saurenergy BrightNight, Cordelio Power Sign PPA To Supply Renewable Energy To Arizona BrightNight, a global renewable power producer, and Cordelio Power entered into a new power purchase agreement with Arizona Public Service (APS), an electricity provider in Arizona. Under the agreement, APS will purchase carbon-free energy from BrightNight and Cordelio’s Pioneer Clean Energy Center, a hybrid […] Read more
5 Reasons Why BESS Will Be a Focal Point of Energy Business in 2025 Updated On Wed, Feb 5th, 2025 by Saurenergy Battery Energy Storage Systems (BESS) are a very crucial component of the renewable future that the world envisions. Recent years saw a tremendous increase in renewable energy and with it energy storage solutions, like BESS, emerged as a missing piece of the puzzle in competition against fossil-based power to dominate the energy sector. As a […] Read more
January Power Market- DAM Prices Drift Lower, Green Volumes Up 218% YoY Updated On Wed, Feb 5th, 2025 by Saurenergy Indian Energy Exchange, India’s premier electricity exchange, achieved monthly electricity traded volume of 10,910 MU in January’25, marking a 16% increase on year-on-year basis. IEX recorded highest ever monthly trade of RECs in January ’25. A total of 38.03 lakh Renewable Energy Certificates were traded during the month, marking a 150% year on year increase. […] Read more
Prozeal Set To Supply 24.40 MWp Solar Power To Aarti Drugs Updated On Tue, Feb 4th, 2025 by Saurenergy Mumbai-based Aarti Drugs has tied up with Prozeal Green Energy to procure solar power through a captive arrangement. The company announced the collaboration in a regulatory filing, stating, “Aarti Drugs, a manufacturer of Active Pharmaceutical Ingredients (APIs) and Pharma Intermediates, has entered into a share subscription and shareholders’ agreement with Prozeal Green Power and Pro-Zeal […] Read more
Tata Motors Eyes Lion’s Share In Expanding EV Market Updated On Tue, Feb 4th, 2025 by Saurenergy Indian Electric Vehicle (EV) manufacturer Tata Motors is now optimistic to remain a dominant player in the expanding Indian EV market. The top management of the firm in its latest investors’ call said that a boom in the domestic EV market would expedite the growth of the firm too and not affect it adversely. “The […] Read more
Saur Energy International Magazine January 2025- After 100GW, Solar’s Exciting Journey Ahead Updated On Tue, Feb 4th, 2025 by Saurenergy For this month’s issue, to be distributed at the Intersolar Show in Gandhinagar on Feb 12-14, we decided to jump the gun a little. Even as India’s official records till December 2024 showed total solar capacity installed at over 97.8 GW, we realised that by the time this issue is in your hands, the 100 […] Read more
